ARKY vs. QQQ

In the year-to-date period, ARKY achieves a 61.26% return, which is significantly higher than QQQ's 24.91% return.

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ARKY has a 1.00% expense ratio, which is higher than QQQ's 0.20% expense ratio.

The correlation between ARKY and QQQ is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

This table presents a comparison of risk-adjusted performance metrics for ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY) and Invesco QQQ (QQQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

The current ARKY Sharpe Ratio is 1.42, which is comparable to the QQQ Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of ARKY and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

ARKY's dividend yield for the trailing twelve months is around 16.69%, more than QQQ's 0.60% yield.

The maximum ARKY drawdown since its inception was -42.10%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ARKY and QQQ. For additional features, visit the drawdowns tool.

ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY) has a higher volatility of 19.10% compared to Invesco QQQ (QQQ) at 5.35%. This indicates that ARKY's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.